International Demand for Long-Term U.S. Assets Falls

"International demand for long-term U.S. financial assets fell in November as foreign investors sold Treasury, agency and corporate debt, a government report showed.

Total net sales of long-term equities, notes and bonds totaled $21.7 billion, compared with selling of a revised $400 million in October, the Treasury said today in Washington. Including short-term securities such as stock swaps, foreigners bought a net $56.8 billion, compared with net buying of $260.6 billion the previous month."